Some Help Please
Scenario:
I am 21 months out of Ch7 BK with a middle score of 605. I have been pre approved with Wells Fargo for 500,000 doing an 80/20 with varied programs and interest rates. I am selling my home and buying one for 350k and putting 20% down.
Questions:
Who is the best mortgage company/broker to go to in my situation for the lowest Interest Rate?
What are the chances of not being approved when I go to close?
I was considering opening a HELOC at the time of closing, hopefully to do some investing to flip properties. Is this possible/recommended?
Thanks
Reading the forum posts and looking up some of the definitions will be a very good place to start. You will see what others to find properties and be able to select methods of locating properties that are suited to your situation. The Groups menu has local real estate investment groups.
Welcome to TCI. I hope you find this site valuable to you.
Regards,
Ed